UK bosses are richest in Europe

The bosses of Britain’s biggest companies have topped Europe’s pay league, earning more compared with their employees than those anywhere else on the continent.

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Research by Vlerick Business School in Belgium found that FTSE 100 chief executives took home pay packages worth 94 times those of their average staff member, despite government attempts to crackdown on ballooning corporate compensation. The school’s analysis, reported by the Financial Times, found that top French and German company chiefs were the only ones who came close to their British peers, earning multiples of 91 and 89 times their average worker.